Speqtral Addresses Catalyst Space Accelerator Demo Day Hosted by AFRL at Catalyst Campus
(GlobeNewsWire) The Air Force Research Lab (AFRL) Space Vehicle Directorate’s Catalyst Space Accelerator held its third Demo Day on June 27, 2019 at the Catalyst Campus for Technology and Innovation in downtown Colorado Springs. Speqtral Quantum Technologies (SQT) was one of the seven companies in the Resilient Commercial Space Communications Cohort were granted a unique opportunity to pitch their innovative, disruptive technologies to an overflowing audience of government and corporate strategic investors, Space Communications subject matter experts, and venture capitalists.
SQT was represented by CEO David Mitlyng, who started off dramatically by saying, “We deliver a magic box that provides an unspoofable, unhackable link for your secure network. We are the only company outside of China with a space-qualified entangled photon source: i.e., a magic box.” Mr. Mitlyng went on to explain the intricacies of quantum communications, including photon entanglement and its applications to space communications, focusing on Quantum Key Distribution and secure Quantum Clock Synchronization. The former is a more secure form of encryption, that thwarts eavesdropping and spoofing, as opposed to public key encryption – which is much more vulnerable to advances in computing – or couriers, who bring their own security problems and inconveniences.
To illustrate the power of quantum technologies, Mr. Mitlyng quoted Dr. Krysta Svore, of Microsoft Research: “The RSA-2048 Challenge Problem would take 1 billion years with a classical computer. A quantum computer could do it in 100 seconds.”